From June 2nd through June 5th 2026, the Company entered into settlement agreements with five parties (the "Settling Parties") in the action captioned Augenbaum v. Anson Investments Master Fund LP et al., Case No. 1:22-CV-00249-AS, pending in the United States District Court for the Southern District of New York. The Settling Parties agreed to pay the Company aggregate settlement payments of $28,475,000 minus fees and expenses of plaintiff's counsel, subject to certain terms and conditions and the parties agreed to mutual releases. On June 2, 2026, and June 4, 2026 the court approved the settlement agreements entered into with three of the Settling Parties, the remaining two settlement agreements are pending court approval.

 

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